chapter22 test - Budgeted sales for the month are: a....

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Budgeted sales for the month are: a. $9,000,000  Budgeted production for product ZZZ during the month is: a. 403,000 units  Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginning inventory is  98,000 units, and desired ending inventory is 80,000 units. The quantities of direct materials expected to be used for each unit of finished  product are given below.
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Material B 1.00 lb. per unit @ $1.70 per pound Material C 1.20 lb. per unit @ $1.00 per pound The dollar amount of direct material B used in production during the year is: a. $1,193,400  A formal written statement of management's plans for the future, expressed in financial terms, is a: a. budget  The budgeting process does not involve which of the following activities: a. Execution of plans to achieve goals  Which of the following budgets allow for adjustments in activity levels? a.
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This note was uploaded on 06/28/2011 for the course BUSA 1101 taught by Professor Kostov during the Spring '11 term at Georgia Southwestern.

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chapter22 test - Budgeted sales for the month are: a....

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